Brown & Brown, Inc. (NYSE: BRO) announces the addition of Paul J. Krump and Bronislaw (Bronek) E. Masojada to Brown & Brown’s board of directors. H. Palmer Proctor, Jr., Brown & Brown’s lead independent director and chair of the Nominating/ Corporate Governance Committee of Brown & Brown’s board of directors, said, “Paul and Bronek are […]
World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc. (“BAP”) of Slingerlands, NY on May 1, 2023. Terms of the transaction were not disclosed. BAP was founded in 1951 by Charles Bryant, and today the insurance agency provides a full […]
Miami, Oklahoma – June 28, 2023 – On National Insurance Awareness Day, the 831(b) Institute is launching across the U.S. The 831(b) Institute was formed to bring the business community together and give them a voice around what true risk mitigation and insurance coverage means to small and medium-sized businesses. Insurance is an essential part […]
Summertime brings thoughts of swim parties and barbecues. Pools are costly to maintain, and frequently underutilized. Advancements in technology have allowed owners to match up with potential renters, earning income from allowing others to use their pool. These arrangements are not without drawbacks. Helping clients understand exposures and possible risks of renting their pools and […]
• July had the most new property listings with 89,976 in total. • Overall, the summer months saw 261,640 new property listings in New York. Moving home can depend on several factors but perhaps the most important is how many properties are available at the time. Moving experts at movingfeedback have used Zillow data to […]
by Bill Hammond State lawmakers are divided over proposal known as “Coverage for All,” which would allow low-income undocumented immigrants to obtain free health insurance through the state-run Essential Plan. The state Senate approved the measure on June 8, but the bill did not pass the Assembly. Advocates of the proposal insist that it would […]
David Webb, proceeding pro se, appealed an order dismissing his complaint. Webb was involved in a car accident. He sued a law firm, firm employees, insurance companies, and other entities related to his legal representation, insurance coverage, and the sale of his vehicle after the accident. The District Court dismissed the complaint on the grounds […]
Kona Coffee Must be From the Big Island of Hawaii L&K Coffee claimed its various insurance companies erroneously denied coverage to defend it against a Lanham Act false-advertising lawsuit brought by Hawaiian coffee growers. The district court concluded the applicable insurance policies did not obligate a defense and entered summary judgment in the insurance companies’ […]
Umbrella Policy Always Excess Over Primary Policy Two insurance companies argued who must indemnify an insured for a settlement involving their mutual insured. Great American Insurance Company paid subject to a reservation and sued the primary insurer, Allied World Assurance Company, alleging that because it was the umbrella insurer it only owed after Allied World […]
A Story of Life Insurance Fraud This is a fictionalized True Crime Story of Insurance Fraud to explain why Insurance Fraud is a “Heads I Win, Tails You Lose” situation for Insurers. The story is intended to help you to Understand How Insurance Fraud in America is Costing Everyone who Buys Insurance Thousands of Dollars […]
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